First Move in RBA’s Tightening Cycle Now Likely to be 40 Basis Points in June

<p>Following an expected substantial lift in underlying inflation for the March quarter and a fall in the unemployment rate from 4% to 3.8% in April we expect the RBA will decide to lift the cash rate by 40 basis points at its Board meeting on June7. Inflation and the Labour Market Yesterday we released our […]</p>
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